Sportsbook news results for the search term: totesport
06.05.2009 (09:47 PM CST)
On January 29th, 2009 SBR reported that a player had wagered 125 Sterling on
Wolverhampton +1 goals at a price of +433. Once the game concluded, Totesport informed the
player the line was an "input error," or bad line, and reversed the
spread, making his wager a loser. The player reports today that the 125£ lost on this wager was credited by Totesports to his bank account.
05.12.2009 (10:52 PM CST)Totesport vs. Player: IBAS finds in favor of sportsbook
On 1/29/2009 SBR reported on a player's ToteSport complaint. The sportsbook had changed the player's winning wager, making it a losing bet.[quote]Totesport (SBR rating B-) gives player wager he did not place
On
January 17, 2009, a player wagered 125 Sterling on Wolverhampton +1
goal at the price of +433. After Wolverhampton covered, he found an
email from Totesport telling him there was an
"input error," commonly referred to as a "bad line" when talking about
American sports. As a result of this "error" Totesport reversed the spread, changing his winning wager into a losing one. Totesport's
terms and conditions allow it to adjust prices, but not spreads. When
confronted with this fact by the player, it would not cite a rule
allowing it to take this action. Totesport would not discuss the issue with SportsbookReview.[/quote]IBAS reviewed the dispute between the player and Totesport, and ruled in favor of Totesport. In its ruling, IBAS did not consider whether Totesport's rules allow it to alter the spread in a pending wager. IBAS states it is an independant third party organization servicing the UK gambling industry. IBAS stands for Independent Betting Adjudication Service. | IBAS Opinion
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01.29.2009 (11:32 PM CST)ToteSport (SBR rating B-) gives player wager he did not place
On January 17, 2009, a player wagered 125 Sterling on Wolverhampton +1 goal at the price of +433. After Wolverhampton covered, he found an email from Totesport telling him there was an "input error," commonly referred to as a "bad line" when talking about American sports. As a result of this "error" Totesport reversed the spread, changing his winning wager into a losing one. Totesport's terms and conditions allow it to adjust prices, but not spreads. When confronted with this fact by the player, it would not cite a rule allowing it to take this action. Totesport would not discuss the issue with SportsbookReview.
12.17.2008 (06:03 PM CST)ToteSports - SBR initiates rating coverage at B-